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Dec 28, 2012
12/12
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tonight breaking news, no deal yet after an 11th hour meeting at white house to avoid the fiscal cliff. the president before the american people. >> the hour for immediate action is here. >> just four days until taxes go up for all americans. tonight what you're telling washington. >>> not again, a giant storm on the move. >>> scare at sea, the cruise ship nightmare unfolding, the captain who warned the passengers ahead of time, but it didn't work. >>> and at last. ♪ at last the american greats me lost this year. ♪ moon river the lasting gifts and the laughs they leave behind. >> everything you do, do it cool. stand back. >>> good evening on this friday night. diane is spending this holiday weekend with her family. we begin with the 11th hour high stakes meeting at the white house late today to avoid the fiscal cliff. but no deal, asanger builds across the country, the clock is ticking. just four days left before taxes go up for all americans and federal programs see major cuts. we've shown you the math here. the average american household would see their tax bill go up nearly $3,5
tonight breaking news, no deal yet after an 11th hour meeting at white house to avoid the fiscal cliff. the president before the american people. >> the hour for immediate action is here. >> just four days until taxes go up for all americans. tonight what you're telling washington. >>> not again, a giant storm on the move. >>> scare at sea, the cruise ship nightmare unfolding, the captain who warned the passengers ahead of time, but it didn't work. >>> and...
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Dec 28, 2012
12/12
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. >> the fiscal cliff. whatever. >> there is barely 00 hours. >> the last minute was before christmas. >> what is going on here? is. >> how come there is no sense of urgency. >> the entire house coming back sunday night. >> how is john boehner going to get the votes. he couldn't get the votes for his plan b. >> a week ago we were closer than we have been before. >> do they presume the voters are that dumb? >> they passed it. >> they did it noing that they are unable to make deals on anything. >> how about complete chaos? >> there ought to be a new rule in congress. >> you cannot create anymore artificial crisis. >> tim geithner wrote a letter to congress. we are going to hit the debt ceiling. it never ends. >> happy new year's america. ♪ 29 and a half hours that is how long congress will have to avoid going over the fiscal curve on sunday night. >> if we go over the cliff, mr. president, the house of representatives as we speak with four days left after today with the first of the year, aren't here. i can
. >> the fiscal cliff. whatever. >> there is barely 00 hours. >> the last minute was before christmas. >> what is going on here? is. >> how come there is no sense of urgency. >> the entire house coming back sunday night. >> how is john boehner going to get the votes. he couldn't get the votes for his plan b. >> a week ago we were closer than we have been before. >> do they presume the voters are that dumb? >> they passed it. >>...
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Dec 29, 2012
12/12
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KGO
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we begin with the 11th-hour, high-stakes meeting at the white house late today to avoid the fiscal cliff. but no deal, as anger builds across the country, the clock is ticking. just four days left before taxes go up for all americans and federal programs see major cuts. we've shown you the math here. the average american household would see their tax bill go up nearly $3,500. this evening, president obama telling congress, the american people are watching what we're doing here. he appeared in the briefing room a short time ago. let's go right to jon carl tonight. good evening. >> reporter: good evening, david. there are finally signs of life here in washington. after meeting with congressional leaders here at the white house, the president pronounced himself modestly optimistic that a bipartisan agreement can finally be struck that would prevent taxes from going up on virtually everybody in just four days. after meeting with the congressional leaders, the president said there would be one more effort to come to a bipartisan agreement to avoid the fiscal cliff. >> the hour for immediate a
we begin with the 11th-hour, high-stakes meeting at the white house late today to avoid the fiscal cliff. but no deal, as anger builds across the country, the clock is ticking. just four days left before taxes go up for all americans and federal programs see major cuts. we've shown you the math here. the average american household would see their tax bill go up nearly $3,500. this evening, president obama telling congress, the american people are watching what we're doing here. he appeared in...
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Dec 29, 2012
12/12
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good luck in washington now. >>> next hour we'll hear from more lawmakers about the fiscal cliff. we'll have senator bernie sanders from vermont he'll be here as well as representative karen bass of california. in our 1:00 eastern hour right here on msnbc. >>> we need to turn now to weather. a winter storm another one dropping snow in the northeast. take a look now. you know a lot of people -- just a few days away. we've got a little snow coming down here now actually. that's the spot a lot of people are going to gather. right outside the studios here, rockefeller plaza. but the new year's countdown they expect some million people to be out there when the ball drops. but when that ball drops, how bad is it going to be out there? are they going to be getting snowed on? dylan dryer, would you recommend going out there on new year's receive in. >> of course. it's new year's eve in new york city. but the snow will be gone by then. it is a snowstorm nonetheless and the roads and anyone traveling in the northeast will run into some issues. we've already seen some reports of pretty bad r
good luck in washington now. >>> next hour we'll hear from more lawmakers about the fiscal cliff. we'll have senator bernie sanders from vermont he'll be here as well as representative karen bass of california. in our 1:00 eastern hour right here on msnbc. >>> we need to turn now to weather. a winter storm another one dropping snow in the northeast. take a look now. you know a lot of people -- just a few days away. we've got a little snow coming down here now actually. that's...
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Dec 30, 2012
12/12
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MSNBCW
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we're one day away from what most media are calling the fiscal cliff. if political concoction enacted by congress to frighten itself into passing deficit reduction measures which means unless congress acts in the next 48 hours the bush tax cuts will expire along with federal unemployment insurance and a broad package of the spending cuts including defense spending will take effect. do weeks of fruitless negotiations and john boehner and senate leader are working on a deal this morning to avoid the fiscal cliff, or as chris hayes and i call it, the fiscal curve. the deadline is soft. it's not like every american is going to be handed a bill on january 1st and there's way to manage the damage if the country goes over. the senate is set to convene this afternoon with the house to follow tonight. there's a chance that a compromise will be reached, less than 48 hours before tax rates revert to their clinton dasher are levels and board across the board spending cuts talk effect. when the president took to the podium friday afternoon to urge the law enforcemen
we're one day away from what most media are calling the fiscal cliff. if political concoction enacted by congress to frighten itself into passing deficit reduction measures which means unless congress acts in the next 48 hours the bush tax cuts will expire along with federal unemployment insurance and a broad package of the spending cuts including defense spending will take effect. do weeks of fruitless negotiations and john boehner and senate leader are working on a deal this morning to avoid...
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Dec 28, 2012
12/12
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MSNBCW
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breaking news, president obama urges congress to make a deal to overt the fiscal cliff. he announces no deal, but progress may be in sight. >> and that would be the wrong thing to do for our e con mu. it would be bad for middle class families and bad for businesses that depend on family spending. fortunately, congress can prevent it from happening if they act right now. i just had a good and constructive discussion here at the white house about how to prevent this tax hike on the middle class. and i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. >> it comes after speaker boehner left the white house. he didn't say anything to reporters and neither did anyone else who was seen leaving the meeting. here's what we do know. in just four days, taxes will go up on millions. and millions more will have their vital unemployment benefits run out. that's why president obama organized the meeting with vice president biden, speaker boehner, nancy pelosi and senators
breaking news, president obama urges congress to make a deal to overt the fiscal cliff. he announces no deal, but progress may be in sight. >> and that would be the wrong thing to do for our e con mu. it would be bad for middle class families and bad for businesses that depend on family spending. fortunately, congress can prevent it from happening if they act right now. i just had a good and constructive discussion here at the white house about how to prevent this tax hike on the middle...
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Dec 28, 2012
12/12
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WBAL
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it is down to the wire now with about 80 hours until the fiscal cliff deadline. and on what is a holiday weekend for many, that is not the case for congressional leaders in washington. there was a sense of urgency today as the president met with house and senate leaders along with the treasury secretary and vice president a short while ago at the white house to try and forge a last-minute deal. the president says he is optimistic, but at this hour, the fiscal cliff still looms. we begin our coverage with nbc's white house correspondent, peter alexander who has been watching the developments all day. peter, good evening to you. >> reporter: natalie, good evening to you. after his first meeting with all of the top four congressional lawmakers since before thanksgiving, the president marched into the briefing room here at the white house and he said the time for immediate action is now. he called for a bipartisan agreement and said to congressional leaders, warning them the public's patience has worn out. after an hour-long closed-door meeting with the president, bo
it is down to the wire now with about 80 hours until the fiscal cliff deadline. and on what is a holiday weekend for many, that is not the case for congressional leaders in washington. there was a sense of urgency today as the president met with house and senate leaders along with the treasury secretary and vice president a short while ago at the white house to try and forge a last-minute deal. the president says he is optimistic, but at this hour, the fiscal cliff still looms. we begin our...
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Dec 31, 2012
12/12
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. >> the obvious question, are we going to go over the fiscal cliff? >> well, i think we'll find out in the next 48 hours what congress will decide to do. but i think it's important for the american people to understand exactly what this fiscal cliff is, because it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended, and they are all about to expire at the end of the year. so on midnight, december 31st, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire economy, that means consumers have a lot less money to make purchases, which means businesses are going to have a lot less customers, which means that they are less likely to hire, and the whole economy could slow down at a time when the economy is actually starting to pick up. we are seeing signs of recovery in housing and in employment numbers improving. and so what congress needs to do, first and foremost, is to prevent taxes from going up for the vast maj
. >> the obvious question, are we going to go over the fiscal cliff? >> well, i think we'll find out in the next 48 hours what congress will decide to do. but i think it's important for the american people to understand exactly what this fiscal cliff is, because it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended, and they are all about to expire at the end of the year. so on midnight, december 31st, if congress doesn't act,...
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Dec 30, 2012
12/12
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last minute talks in the final hours of the fiscal cliff talks. we'll follow all of it, msnbc, the place for politics. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>> right now on capitol hill, senate democrats and republicans are working on a deal to avert the fiscal cliff, but time is running out. they now have less than 30 hours to work it out. if we do go over the fiscal cliff
last minute talks in the final hours of the fiscal cliff talks. we'll follow all of it, msnbc, the place for politics. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more...
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Dec 29, 2012
12/12
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FBC
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cliff. he said he is moderately optimistic that a deal could be done by december 31. congressional leaders are working on crafting a bill. certainly no grand bargain here that would improve entitlements. if they can't get a deal, the president has told harry reid to put the white house proposals up for an up or down vote. the details just keep on coming out. with us now are two guests. first, we are going to go rich edson. he is here with the very latest. tell us what you made of the president's comments. he was very direct. reporter: he ws. and now he passes on to the senate. senate majority leader harry reid, senate minority leader mitch mcconnell. they are trying to come up with something that can pass the house and the senate. the president laid out a proposal earlier this evening. at the beginning of this meeting. $250,000 per year. that income would be shielded from tax increases, and now he wants an extension of unemployment insurance. that is something that essentially a nonstarter i
cliff. he said he is moderately optimistic that a deal could be done by december 31. congressional leaders are working on crafting a bill. certainly no grand bargain here that would improve entitlements. if they can't get a deal, the president has told harry reid to put the white house proposals up for an up or down vote. the details just keep on coming out. with us now are two guests. first, we are going to go rich edson. he is here with the very latest. tell us what you made of the...
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Dec 30, 2012
12/12
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eastern for the very latest on the fiscal cliff negotiations and possibly votes. up next, "meet the press," david gregory's exclusive interview with president obama. we'll keep you updated throughout the hour on any elements when it comes to the deal-making on capitol hill. ve a cold, announcer ] alka-selr plus presents the cold truth. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook.
eastern for the very latest on the fiscal cliff negotiations and possibly votes. up next, "meet the press," david gregory's exclusive interview with president obama. we'll keep you updated throughout the hour on any elements when it comes to the deal-making on capitol hill. ve a cold, announcer ] alka-selr plus presents the cold truth. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male...
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Dec 30, 2012
12/12
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FOXNEWSW
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back to washington for a vote on a fiscal cliff deal. assuming one can be hammered out. joining me, one of those members james langford at the rotunda. give us the inside school in what do you make of the current impasse? >> 80s frustrating impasse. the house passed our see questation document in in may. we're still waiting for harry reid to move something through the senate to respond what we passed in may in the house of representative. we're all watching as well. >> what do you make of the compromises on the table and sticking points. >> there's no compromise out of the senate at this point. what we put out in the house, we pass something, the senate passes and we do a compromise from that. we did our part in the house seven months ago and we're waiting on the senate. we're at the final hour. this was no surprise. year and ayear and a half ago ws deadline. why the senate hasn't respond we have no idea. >> haven't there concessions bandied about? >> yes but at the end of the day it's talk. you have to have a piece of legislation to neg
back to washington for a vote on a fiscal cliff deal. assuming one can be hammered out. joining me, one of those members james langford at the rotunda. give us the inside school in what do you make of the current impasse? >> 80s frustrating impasse. the house passed our see questation document in in may. we're still waiting for harry reid to move something through the senate to respond what we passed in may in the house of representative. we're all watching as well. >> what do you...
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Dec 28, 2012
12/12
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FBC
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time on latest details on the fiscal cliff talks. the financial sector on track for its biggest gain in nine years. what remains ahead for financials and what is at stake stake for the industry with the fiscal cliff looming? let's ask marty mosby, guggenheim bank analyst. let's talk about first, marty, we hear lloyd blankfein will be on phone to talk to president obama trying to garner his support, the president out of these ceos, but give us a sense what the banks are looking for out of any sort of negotiation on capitol hill as we proceed towards the cliff? >> well, the first thing that the banks would like to see is some, you know, at least some certainty and stability about how we're going to, get through this process and come out the other side. because as we're looking at either cutting spending or raising taxes those have impacts on the economic activity that these banks are going to be participating in. so some conclusions and some certainty. it will let them understand and prepare for what is going to be over the next three
time on latest details on the fiscal cliff talks. the financial sector on track for its biggest gain in nine years. what remains ahead for financials and what is at stake stake for the industry with the fiscal cliff looming? let's ask marty mosby, guggenheim bank analyst. let's talk about first, marty, we hear lloyd blankfein will be on phone to talk to president obama trying to garner his support, the president out of these ceos, but give us a sense what the banks are looking for out of any...
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Dec 30, 2012
12/12
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FOXNEWSW
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cliff crisis. as the hours tick down, neither side is optimistic a deal wills be reach by the deadline.ti what will that mean for the american people?er eric? >> again, i'm on record assaying i was with you huddy s this morning saying we should name it the obama life and swan dive offit of it because it is the only way democrats will cut spending because they are forced into it.ap if a deal doesn't get struck the next couple of months people's pay checks will get smaller because payroll taxes will have expired. pay taxes a different way because the alternative minimum tax won't be patched and will have to be addressed as well. spending cuts over time willnk happen as well.st i think the stock market will get hit hard. here i am saying let's do thiss i have the most to lose of anyk one i know. it is the o only way to fix thh economy. economy. >> okay. take us through what each side is wanting. >> here's what the deal is. president obama wants tax cuts to expire for everyone except those making $250,
cliff crisis. as the hours tick down, neither side is optimistic a deal wills be reach by the deadline.ti what will that mean for the american people?er eric? >> again, i'm on record assaying i was with you huddy s this morning saying we should name it the obama life and swan dive offit of it because it is the only way democrats will cut spending because they are forced into it.ap if a deal doesn't get struck the next couple of months people's pay checks will get smaller because payroll...
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Dec 26, 2012
12/12
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FBC
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meanwhile, i'm a totally different story, the fiscal cliff is still a big concern for most investors. as the president and congress try to come up with a last-ditch effort to fix the fiscal cliff for the year. the dow jones is down nearly 25 points today. having fallen more than 1.5% over the past week. with details, we have jerry leiby for zacks investment research. here is a big question. if nothing happens, will there be a big seller? >> well, if nothing happens, yes, 547%. but i don't think the question is easy. there's going to be a kick the can solution. the question really is what are the details? who gets hurt the most, and what exactly is going to come out of consumers pockets with we estimate 1500 at minimum will be the reduced income for the average consumer in 2013. but what else? gerri: okay, hang on. what is that though the traders want to see? you talk about consumers and how they will be treated. but how will traders in life it's quick what will make them approve the plan? >> will traders are looking for is a balanced approach, if there is such a thing. and the questio
meanwhile, i'm a totally different story, the fiscal cliff is still a big concern for most investors. as the president and congress try to come up with a last-ditch effort to fix the fiscal cliff for the year. the dow jones is down nearly 25 points today. having fallen more than 1.5% over the past week. with details, we have jerry leiby for zacks investment research. here is a big question. if nothing happens, will there be a big seller? >> well, if nothing happens, yes, 547%. but i don't...
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Dec 29, 2012
12/12
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FBC
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well, forget the fiscal cliff. washington might be sending cows off a cliff. want to know what i did in the last five hours? i played a round of golf. then i read a book while teaching myself how to play guitar; ran ten miles while knitting myself a sweater; jumped out of a plane. finally, i became a ping pong master while recording my debut album. how u ask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. time for citi price rewind. because your daughter really wants that pk castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. ♪ tom: washington still fighting over the debt deal. farmers are worried about dairy deal. the farm bill is set to expire at the end of the year along wit
well, forget the fiscal cliff. washington might be sending cows off a cliff. want to know what i did in the last five hours? i played a round of golf. then i read a book while teaching myself how to play guitar; ran ten miles while knitting myself a sweater; jumped out of a plane. finally, i became a ping pong master while recording my debut album. how u ask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. time for citi price rewind. because...
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Dec 28, 2012
12/12
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CNNW
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fiscal cliff faceoff. in just four days paychecks shrink and spending gets slashed if our elected officials can't figure out how to compromise. it will now be in the hands of these six leaders, the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. john boehner and mitch mcconnell representing the republicans. brianna keilar live now from washington. great to see you. house doesn't return to work until sunday. logistically speaking here, is there still enough time to work out a deal? >> i will tell you logistically speaking, logistically speaking, yes. politically speaking, very much unclear, there's a growing amount of pessimism about whether or not that can be done. we've been talking for days about how eyes are on the senate to see what harry reid cobbles together to try to get republican support in the senate and house. he's saying it's hard to see how this can get done by january 1st. so we're seeing a lot of managing of ex
fiscal cliff faceoff. in just four days paychecks shrink and spending gets slashed if our elected officials can't figure out how to compromise. it will now be in the hands of these six leaders, the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. john boehner and mitch mcconnell representing the republicans. brianna keilar live now from washington. great to see you. house doesn't return to work until sunday....
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Dec 30, 2012
12/12
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CNNW
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cliff. the deadline is less than 48 hours away and as to whether they can get it done, the president says he's hopeful. >> i'm modestly ll lly optimis an agreement can be achieved. let's make sure that middle class families and the world economy aren't adversely impacted because people can't do their jobs. >> both houses of congress are meeting in a rare sunday session. the house an hour later at 2:00. our chief white house correspondent jessica yellin now with the look at a chance for a deal and what's on the table. >> alison, here in washington, there is still hope a deal can be cut in time to avert the fiscal cliff. on saturday, the president was at work here in the white house but all eyes were on the senate where negotiators were trading deal points and revenue figures to try to reach an agreement all sides can stomach. the baseline for the president, any bipartisan bill would have to extend unemployment insurance that would affect some 2 million americans and increase taxes for the hig
cliff. the deadline is less than 48 hours away and as to whether they can get it done, the president says he's hopeful. >> i'm modestly ll lly optimis an agreement can be achieved. let's make sure that middle class families and the world economy aren't adversely impacted because people can't do their jobs. >> both houses of congress are meeting in a rare sunday session. the house an hour later at 2:00. our chief white house correspondent jessica yellin now with the look at a chance...
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Dec 29, 2012
12/12
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from falling off the so-called fiscal cliff. i'm craig melvin and you are watching msnbc, with all the focus on the fiscal cliff, will there be action on gun control. meanwhile, we are going to talk to an attorney general that wants to arm teachers to protect students. and the race to fill john kerry's senate seat. first, fiscal cliff talks. countdown clock tot screen. the senate is shouldering most of the weight of that deadline. senate leaders working behind closed doors to come up with a cliff compromise, something that the house and the president has failed to do so is far. the president has tasked senator majority leader harry reed. >> i have asked senator reed to do it, put a by on the floor to make sure that taxes on middle class families do not go up. and unemployment insurance is still available for two million people and lays the groundwork for economic growth and deficit reduction. >> everything that has been happening in the last several hours has been happening behind the scenes. we have correspondents tracking ever
from falling off the so-called fiscal cliff. i'm craig melvin and you are watching msnbc, with all the focus on the fiscal cliff, will there be action on gun control. meanwhile, we are going to talk to an attorney general that wants to arm teachers to protect students. and the race to fill john kerry's senate seat. first, fiscal cliff talks. countdown clock tot screen. the senate is shouldering most of the weight of that deadline. senate leaders working behind closed doors to come up with a...
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Dec 30, 2012
12/12
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KPIX
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under the mandatory cuts of the fiscal cliff, the federal aviation administration would lose $800 million, and more than 2,000 air traffic controllers. fewer controllers mean fewer planes moving passengers and cargo. warns the air traffic controllers association. >> fb's pocketbook and livelihood is tied to the aviation system, so the impact of the aviation system not being able to provide the service that they do today would be devastating. >> reporter: if washington can't reach a compromise, the economic recovery could stall. if we cannot figure this out, they're putting a bunch of huge and ugly potholes on a road that was supposedly going to get us to economic recovery. >> reporter: in fact, air traffic controllers warn that more than 100 small airports could lose their control towers. jobs and revenue that may never come back. john bentley, cbs news, new york. >> winter storms are spreading across the country, a massive storm that created havoc east of the mississippi is now headed to new england. that storm left a trail of power outages in the southeast after dumping some 15 inches o
under the mandatory cuts of the fiscal cliff, the federal aviation administration would lose $800 million, and more than 2,000 air traffic controllers. fewer controllers mean fewer planes moving passengers and cargo. warns the air traffic controllers association. >> fb's pocketbook and livelihood is tied to the aviation system, so the impact of the aviation system not being able to provide the service that they do today would be devastating. >> reporter: if washington can't reach a...
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Dec 28, 2012
12/12
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FBC
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on the fiscal cliff at the white house today. markets are going to be watching that real close, but of course, the markets close about an hour after the meeting starts. so, that meeting probably won't have much impact on the markets themselves unless there are leaks about what might happen. until then, any developments out of d.c. i'v i have are going to drive this market. we're calling it sound bite trading. we're covering it. the opening bell is next. want to know what i did in the last five hours? i played a round of golf. then i read a book while teaching myself how to play guitar; ran ten miles while knitting myself a sweater; jumped out of a plane. finally, i became a ping pong master while recording my debut album. how you ask? with 5-hour ergy. i get hours of energy now -- no crash later. wait to sethe next five hours. >>> just a few seconds from the opening bell, there are no government reports in the news background today. all we've got is a 3 p.m. meeting at the white house between the top two democrats and the top two
on the fiscal cliff at the white house today. markets are going to be watching that real close, but of course, the markets close about an hour after the meeting starts. so, that meeting probably won't have much impact on the markets themselves unless there are leaks about what might happen. until then, any developments out of d.c. i'v i have are going to drive this market. we're calling it sound bite trading. we're covering it. the opening bell is next. want to know what i did in the last five...
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breaking news on the fiscal cliff. there's been a significant snag in the negotiations with just fewer than two days remaining to go. about 36 hours remaining on the countdown clock. dana bash is on capitol hill with latest. dana, what have you got? >> this kbifs you a good sense of where things stand. they're at a standstill. you see a lot of reporters milling around. it's behind this wall that you can't see. the democrats, all senate democrats are meeting now, getting a briefing from the senate democratic leader, harry reid and down this haul, which you can't see from here, the same thing is going on with republicans. at the podium we hope to hear from senate majority leader, harry reid. in terms of where things stand, they're frozens it goes. earlier today, we explained that the reason from the democrats point of view is that they got an offer from republicans that includes what was known as chained cpi, which you've been explaining means social security checks would be smaller for social security recipients, which
breaking news on the fiscal cliff. there's been a significant snag in the negotiations with just fewer than two days remaining to go. about 36 hours remaining on the countdown clock. dana bash is on capitol hill with latest. dana, what have you got? >> this kbifs you a good sense of where things stand. they're at a standstill. you see a lot of reporters milling around. it's behind this wall that you can't see. the democrats, all senate democrats are meeting now, getting a briefing from...
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less than 48 hours left for congress to make a deal and avoid the fiscal cliff. leaders from both political parties have expressed hope that a deal can be reached. in the senate negotiators worked late into the night trying to put together a plan, and the whole senate will come together in a few hours from now for a rare sunday session beginning at 1:00. an hour later the house will meet. in a world far away from the capitol, everyday americans are growing frustrated with political leaders and their lack of action when so much is at stake. we asked or cnn i-reporters to send us their messages for washington and we got a ton of responses. lynn to vernon hill with a bit of advice for politicians. >> my new year's message it to washington is to grow up, act like adults, do juror jobs or resign immediately. we are tired of you being useless and refusing to do your jobs. >> here's one from missy with her take on the men and women in congress. >> this whole fiscal cliff mess shows how incredibly out of touch you are with the way people really live in this country. you
less than 48 hours left for congress to make a deal and avoid the fiscal cliff. leaders from both political parties have expressed hope that a deal can be reached. in the senate negotiators worked late into the night trying to put together a plan, and the whole senate will come together in a few hours from now for a rare sunday session beginning at 1:00. an hour later the house will meet. in a world far away from the capitol, everyday americans are growing frustrated with political leaders and...
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cliff if enacted. those bills await action by the senate if the senate will not approve and send them to the president to be signed into law in their current form. they must be amended and returned to the house. the house will take this action on whatever the senate can pass, but the senate must first act. the house has passed bills that would never pass the senate. speaker boehner's position is a joke. senate majority leader harry reid responded, house republicans pushed middle class families closer to the blip by wasting an entire week with their incompetent plan b stunt no further legislation can move through the senate until republicans drop their knee jerk obstruction. the house is literally phoning it in, tomorrow's conference call will reportedly include the entire caucus, not just republican leadership, the irony is that if we go over the cliff, the president will get whatever he wants on texas, and there's been a growing acknowledgement of this by some house and senate republicans. here's sena
cliff if enacted. those bills await action by the senate if the senate will not approve and send them to the president to be signed into law in their current form. they must be amended and returned to the house. the house will take this action on whatever the senate can pass, but the senate must first act. the house has passed bills that would never pass the senate. speaker boehner's position is a joke. senate majority leader harry reid responded, house republicans pushed middle class families...
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next up, a quarter to the hour. stocks every 15 minutes. the dow is down on fiscal cliff peers. it was down triple digits. it appears to be back up. nicole: everyone has their focus on washington. they are waiting on something to come out of washington. they need to solve the fiscal cliff. let's take a look at the major averages. they are all down or then a half of a percentage each. ford adding over 2300 workers in michigan. bank of america hit a new 52 week high. smith and wesson, they make guns. they have been under pressure after the shooting in connecticut. now, they are back in action. research in motion, but very tan, waiting on that. there were concerns on how many sales actually occurred. liz: thank you. even if we can get an answer to the debt crisis from washington, d.c., the real damage may be done by the new regulation. first, some of today's winners. take a look. ♪ liz: next up, a solution to the looming debt crisis may do little to save us from an economic disaster. the white house is working on a brand-new set of regulations that could handcuff business growth.
next up, a quarter to the hour. stocks every 15 minutes. the dow is down on fiscal cliff peers. it was down triple digits. it appears to be back up. nicole: everyone has their focus on washington. they are waiting on something to come out of washington. they need to solve the fiscal cliff. let's take a look at the major averages. they are all down or then a half of a percentage each. ford adding over 2300 workers in michigan. bank of america hit a new 52 week high. smith and wesson, they make...
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cliff hanger in our next hour. these negotiations are raising questions about leadership in the house. could speaker john boehner be at risk of losing his position? at 10:00 we'll xl our washington panel. >>> one last look at headlines coming up next. can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. duracell with duralock. trusted everywhere. >>> basically going out and spending on oysters and salmon and champagne. and here, the most beautiful in the world, traffic will be completely closed down. so that hundreds of thousands of people can forget about the old here and ce
cliff hanger in our next hour. these negotiations are raising questions about leadership in the house. could speaker john boehner be at risk of losing his position? at 10:00 we'll xl our washington panel. >>> one last look at headlines coming up next. can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the...
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down to the wire for a fiscal cliff deal. and is it mitch mcconnell to the rescue. live in washington on the 11th hour negotiations. >> and did you know about to fall off the dairy cliff? >> juliet: have you seen the prices? >> dave: as high as 8 bucks a gallon for milk. >> clayton: oak ridge boys bush. special number tribute for number 41. "fox & friends" begins right now. >> am i wrong about that don't the have a deep voice? ♪ >> oak ridge boys have been on this show many times on "fox & friends." >> good morning, everyone. >> dave: good morning. juliet huddy celebrating an early new year's eve. is it new year's eve? >> juliet: sparkly shoes and everything. i feel like we are waking up at 4:00 in the morning on saturday i better be festive. >> clayton: that's what woke me up this morning. >> juliet: this is a beautiful set it has inspired me. >> dave: it's spectacular. >> juliet: it is. >> dave: it's fiscal cliff time. couple of days away. rare i wake up and say i'm moderately optimistic but that's what the president said. you are either optimistic or you are no
down to the wire for a fiscal cliff deal. and is it mitch mcconnell to the rescue. live in washington on the 11th hour negotiations. >> and did you know about to fall off the dairy cliff? >> juliet: have you seen the prices? >> dave: as high as 8 bucks a gallon for milk. >> clayton: oak ridge boys bush. special number tribute for number 41. "fox & friends" begins right now. >> am i wrong about that don't the have a deep voice? ♪ >> oak ridge...
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that means the 11th hour is here. will last-minute action be enough to avoid a fiscal cliff? to avoid a cliff dive? get your cell phones out. i want to know what you think. tonight's question, in light of the president's remarks, will a fiscal cliff deal get done? text "a" for yes, text "b" for no to 622639 or go to our bloblog at ed.msnbc.com. i'll bring you the results later in the show. joining me now is sheldon whitehouse from rhode island. thank you for joining us. >> thank you for having me. >> sir, this is serious, this is even dire. are you encouraged by the meeting today and the president's remarks in the aftermath of that meeting? >> well, i think that the decision to move the forum for the negotiations to the senate was a necessary one. i have a lot of confidence in harry reid's negotiating ability. mitch mcconnell is a veteran negotiator, and i think there's a far better prospect of something being worked out in the senate than there was dealing with speaker boehner and his completely dysfunctional house republican party. >> sure. well, abiding by convention and o
that means the 11th hour is here. will last-minute action be enough to avoid a fiscal cliff? to avoid a cliff dive? get your cell phones out. i want to know what you think. tonight's question, in light of the president's remarks, will a fiscal cliff deal get done? text "a" for yes, text "b" for no to 622639 or go to our bloblog at ed.msnbc.com. i'll bring you the results later in the show. joining me now is sheldon whitehouse from rhode island. thank you for joining us....
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cliff. >> we've come right to the 11th hour. the -- the fact that there's going to be a substantive deal that comes out of this in the 11th hour is probably nil to zero, right? essentially in my sense, it's easier to go over the cliff. then there's clarity, right? taxes will go up, spending will get cut. the market will know what is going to happen. it can only get better from there because then you'll get legislators that come to the table, that try to cut taxes and raise some spending, and they'll argue it from a positive point of view and stand up and say, rah-rah, look what we, did right? it won't get any worse if we go over the cliff. if there's a bandaid, it leaves complete confusion, there is no clarity, the market will probably react more negative than actually going over the cliff. i think that's what investors have to be concerned about. now, that being said, i don't think the market's going to crash by any sense. but -- i think there's a lot of money still on the streamlines that needs to be invest -- the sidelines th
cliff. >> we've come right to the 11th hour. the -- the fact that there's going to be a substantive deal that comes out of this in the 11th hour is probably nil to zero, right? essentially in my sense, it's easier to go over the cliff. then there's clarity, right? taxes will go up, spending will get cut. the market will know what is going to happen. it can only get better from there because then you'll get legislators that come to the table, that try to cut taxes and raise some spending,...
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we're less than 48 hours away from the fiscal cliff. will congress and the white house be able to reach a deal before americans see a 500 billion dollar tax increase? >> and george h.w. bush's health taking a turn for the better. there's good news regarding the former president's healths. >> clayton: well put. >> juliet: well said. >> clayton: a frightening moment when an airplane broke in half crashing on to a busy highway, caught on camera. watch this. >> juliet: oh, how about that car? >> that's not something you see every day. >> no. >> "fox & friends" begins right now. ♪ >> hey, everybody. >> juliet: hi, everybody. >> dave: good sunday morning, juliet huddy in for ali. how are you doing, my friend. >> clayton: dave usually gets the coffee. and no coffee around this place. >> dave: i apologize. >> clayton: dave overslept and dropped the ball. >> dave: it happened with my iphone. i woke up an hour too late to my wife shaking me. >> juliet: i don't know what it is about this morning. i'm like in lala land. >> clayton: there is no sn
we're less than 48 hours away from the fiscal cliff. will congress and the white house be able to reach a deal before americans see a 500 billion dollar tax increase? >> and george h.w. bush's health taking a turn for the better. there's good news regarding the former president's healths. >> clayton: well put. >> juliet: well said. >> clayton: a frightening moment when an airplane broke in half crashing on to a busy highway, caught on camera. watch this. >> juliet:...
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much more on the fiscal cliff crisis, the effort to reach some kind of agreement later this hour. we're going go live to capitol hill for the latest as the senate returns to work. that is coming up in about 20 minutes. >>> and president obama's going to have another cabinet position to fill for the new year. we learned a short time ago apa lisa jackson is stepping down after the president's state of the union speech in january. jackson starting with the agency as a staff level scientist back in 1987. during her tenure as administrator she tackled pollution problems in poor community communities. oil drilling and coal regulations. all those things on her plate. jackson said she is confident epa is headed in the right direction. >>> winter storm causing some real headaches. millions of folks in the mid-atlantic states, we're looking at heavy snow, torrential rain, strong winds, dangerous travel conditions from here, washington, d.c., all the way to maine. snowfall is especially heavy in northern new york, new england. up to a foot of snow could fall there. drew cuomo is urging folks
much more on the fiscal cliff crisis, the effort to reach some kind of agreement later this hour. we're going go live to capitol hill for the latest as the senate returns to work. that is coming up in about 20 minutes. >>> and president obama's going to have another cabinet position to fill for the new year. we learned a short time ago apa lisa jackson is stepping down after the president's state of the union speech in january. jackson starting with the agency as a staff level...
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even at the last hour at the last afternoon at the last weekend before this fiscal cliff it is not 100% clear to me whether house companies will choose to take up and pass a plan which i expect we will consider later today in the senate. there are enough republicans and democrats in the senate willing to vote to give comfort to give some relief to the coming tax increase to 98% of americans that i suspect we could get that deal done in the senate. my core question is whether republicans are willing to join us in doing that and reduce the potentially negative impact on our economy and on the overwhelming majority of americans. >> shannon: how do you respond to house republicans who will say we have sent you a couple of bills and voted on something that would stop tax increases and deal with sequester and sent them to the senate where they languish and never get a vote. even if the leadership there doesn't approve of the up, voteng content of the bill on them, amend them, why hasn't that happened? >> great question. what we saw last week is that speaker boehner attempted to pass and faile
even at the last hour at the last afternoon at the last weekend before this fiscal cliff it is not 100% clear to me whether house companies will choose to take up and pass a plan which i expect we will consider later today in the senate. there are enough republicans and democrats in the senate willing to vote to give comfort to give some relief to the coming tax increase to 98% of americans that i suspect we could get that deal done in the senate. my core question is whether republicans are...
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hang on to your wallets, by the way. 18 hours to go before america goes over the fiscal cliff. final day for democrats and republicans to get a deal done. if they don't, your taxes go up at the stroke of midnight. the two sides brought in their so-called closers on sunday. vice president joe biden and senate minority leader mitch mcconnell. working behind the scenes as they have successfully done in the past. the senate went home last night and they are going to get in this morning at the bright hour of 11:00 a.m. eastern. i don't understand how that works. we are not seeing any evidence of progress in either chamber, but as i said, mcconnell and biden are talking. that's important. these two guys have a long history together, and have an ability to cut a deal. one major stumbling block has been overcome. republicans have dropped their demand to reduce social security, cost of living increases. you will know that as the chain cpi. >> and the public has taken their demand for social security benefits off the table. the truth is they never should have been on the table to begin w
hang on to your wallets, by the way. 18 hours to go before america goes over the fiscal cliff. final day for democrats and republicans to get a deal done. if they don't, your taxes go up at the stroke of midnight. the two sides brought in their so-called closers on sunday. vice president joe biden and senate minority leader mitch mcconnell. working behind the scenes as they have successfully done in the past. the senate went home last night and they are going to get in this morning at the...
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shibani: a small deal to hold off some of the fiscal cliff, it looks like washington's only option at this late hour. dennis: a white christmas in many parts of the country but now stopping people from getting back home. we are live at the fox weather center. shibani: let's look at the winners in the s&p 500 index. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your l
shibani: a small deal to hold off some of the fiscal cliff, it looks like washington's only option at this late hour. dennis: a white christmas in many parts of the country but now stopping people from getting back home. we are live at the fox weather center. shibani: let's look at the winners in the s&p 500 index. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function....
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every day -- you know how you count down to christmas, now we're counting down to the fiscal cliff. we'll be talking a lot about that today, including the health of former president george h.w. bush. >> candy crowley, we'll see you at the top of the hour. appreciate it. it's the end of one of the most popular comic books of all time. the amazing spider man has hit the shelves but some p controversial events have caused the comic to be in a frenzy. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>> this is some of the most incredible video that we've seen in a long time. all right? if you're not looking at the video, this
every day -- you know how you count down to christmas, now we're counting down to the fiscal cliff. we'll be talking a lot about that today, including the health of former president george h.w. bush. >> candy crowley, we'll see you at the top of the hour. appreciate it. it's the end of one of the most popular comic books of all time. the amazing spider man has hit the shelves but some p controversial events have caused the comic to be in a frenzy. [ male announcer ] it's that time of year...
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the two men who are going to be talking over the next 24 hours to try to fix this fiscal cliff thing. here's what they had to say. >> we had a long meeting in the white house it was very constructive. i hope that the next 24 hours will be very instructive with what we're able to accomplish. >> was there discussion of a concrete proposal? >> we talked about a lot of things. there's no concrete proposal at this time. we have a number of different directions that we're goi to try to take and we're going to see what can be worked out. >> we are engaged in discussions, the majority leader and myself and the white house in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference and the majority leader can make to his conference so we'll be working hard to see if we can get there in the next 24 hours. so i'm hopeful and optimistic. >> wow. hopeful and optimistic. that sounds pretty good. i have our chief white house correspondent jessica yellin and radio hill correspondent lisa. honestly, they are not calling each other names which yes
the two men who are going to be talking over the next 24 hours to try to fix this fiscal cliff thing. here's what they had to say. >> we had a long meeting in the white house it was very constructive. i hope that the next 24 hours will be very instructive with what we're able to accomplish. >> was there discussion of a concrete proposal? >> we talked about a lot of things. there's no concrete proposal at this time. we have a number of different directions that we're goi to try...
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i will be back here in a couple hours with heather. patti ann: we'll cover the fiscal cliff. the negotiations continuing. the debt ceiling we have it all for you. i will back
i will be back here in a couple hours with heather. patti ann: we'll cover the fiscal cliff. the negotiations continuing. the debt ceiling we have it all for you. i will back
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going off the fiscal cliff, is that actually going to happen? we have both sides of the aisle and both sides of congress with us. republican representative steve la tourette and democratic senator richard blumenthal. "sex and the city" d.c. style. we'll talk to the authors of the juicy new novel dishing about life working for a demanding senator on capitol hill and he's a mean one. the grinch from the musical joins us live and it turns out he may not be that mean after all. that and much more in 14 minutes or so. the grinch is going to be here. >> in costume, i hope. >> of course. it's going to be the real grinch. it's not an actor, it's the grinch for those kids watching this morning. >> of course it is. thank you, ali. >> good to see you both. >> we'll be watching. 47 minutes after the hour. let's get you up to state with the top stories. six states from pennsylvania to maine facing a winter storm, a big one. 12 to 24 inches of snow could fall in parts of new england. holiday travel just a nightmare on the roads and in the air. more than 1700
going off the fiscal cliff, is that actually going to happen? we have both sides of the aisle and both sides of congress with us. republican representative steve la tourette and democratic senator richard blumenthal. "sex and the city" d.c. style. we'll talk to the authors of the juicy new novel dishing about life working for a demanding senator on capitol hill and he's a mean one. the grinch from the musical joins us live and it turns out he may not be that mean after all. that and...
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senate to act first, because the house has already passed two bills related to the fiscal cliff, so we'll wait and see what happens there. as if parking wasn't frustrating enough, one city is boosting its meter rates to become the country's most expensive place to park. would you believe $6.50 an hour? we'll tell you where. patti ann: canadian companies trying to fill hundreds of jobs by recruiting americans. >> it's a real boon to canada, we're happy to bring americans in, there are a lot of similarities, similar cultures, similar training, they work on similar equipment, it's a natural for us. [ woman ] ring. ring. progresso. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. patti ann: danger on the tracks in dole louisiana wear when part of a train derailed causing a propane tanker and cars carrying gravel to overturn. no leaks w
senate to act first, because the house has already passed two bills related to the fiscal cliff, so we'll wait and see what happens there. as if parking wasn't frustrating enough, one city is boosting its meter rates to become the country's most expensive place to park. would you believe $6.50 an hour? we'll tell you where. patti ann: canadian companies trying to fill hundreds of jobs by recruiting americans. >> it's a real boon to canada, we're happy to bring americans in, there are a...